Sahana System IPO Date, Price, Review, Allotment

Sahana System IPO Details: Sahana System IPO date is fixed, The IPO will open on May 31 and will close on June 2, 2023. Sahana System is an NSE SME IPO to raise ₹32.74 crores via IPO. The Sahana System IPO price band is fixed at ₹132 to ₹135 with a market lot of 1000 shares.
Sahana System IPO

Sahana System Limited is an IT Company based in Ahmedabad, Gujarat. The company offers web design, app development, mobile application development, AI & ML development, Chatbot development, graphic designing, SEO, digital marketing, cyber security, and IT outsourcing services.

They have clientele extending from domestic markets to overseas organizations. The company is certified as CMMI Maturity Level – 3 in the E-Commerce department by Equalitas Certifications Limited. They also have received ISO 9001:2015 and ISO/IEC 27001:2013 accreditation from Equalitas Certifications Limited.

Objects of the Issue:

  • To meet the working capital requirements
  • Installation of EV charging Station
  • General Corporate Purposes
  • To meet the issue expenses

Sahana System IPO Review

  • To be updated soon

Sahana System IPO Date & Price Band Details

IPO Open:May 31, 2023
IPO Close:June 2, 2023
IPO Size:Approx ₹32.74 Crores, 2,425,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹132 to ₹135 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:45% of the net offer
QIB Quota:10% of the net offer
NII Quota:45% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Sahana System IPO Market Lot

The Sahana System IPO minimum market lot is 1000 shares with a ₹135,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11000₹135,000
Retail Maximum11000₹135,000
S-HNI Minimum22000₹270,000

Sahana System IPO Dates

The Sahana System IPO date is May 31 and the IPO close date is June 2. The IPO allotment date is June 7 and the IPO might list on June 12.

IPO Open Date:May 31, 2023
IPO Close Date:June 2, 2023
Basis of Allotment:June 7, 2023
Refunds:June 8, 2023
Credit to Demat Account:June 9, 2023
IPO Listing Date:June 12, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Sahana System IPO Form

How to apply Sahana System IPO? You can apply Sahana System IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sahana System IPO in the Invest section. The other option you can apply Sahana System IPO via IPO forms download via the NSE website. Check out the Sahana System forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Sahana System Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹3.31₹3.09₹0.16
2022₹12.17₹10.22₹1.41
2023₹24.14₹15.28₹6.40

Sahana System IPO Valuation – FY2023

Check Sahana System IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹11.48 per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):59.24%
Net Asset Value (NAV):₹19.38 per Equity Share

Peer Group

  • NA

Company Promoters

  • Pratik Kakadia

Sahana System IPO Registrar

Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: http://www.purvashare.com

Sahana System IPO Allotment Status

Check Sahana System IPO allotment status on Purvashare website URL. Click Here

Sahana System IPO Lead Managers aka Merchant Bankers

  • Unistone Capital Pvt Ltd
  • Interactive Financial Services Ltd

Company Address

Sahana System Limited
901-A-Block, Mondeal Square,
Nr. Iscon Elegance, S.G. Highway,
Prahladnagar Ahmedabad – 380015
Phone: +91 79 4601 4490
Email: [email protected]
Website: http://www.sahanasystem.com/

Sahana System IPO FAQs


What is Sahana System IPO?

Sahana System IPO is an NSE SME IPO. They are going to raise ₹32.74 Crores via IPO. The issue is priced at ₹132 to ₹135 per equity share. The IPO is to be listed on NSE.

When Sahana System IPO will open?

The IPO is to open on May 31, 2023 for QIB, NII, and Retail Investors.

What is Sahana System IPO Investors Portion?

The investors’ portion for QIB is 10%, NII is 45%, and Retail is 45%.

How to Apply the Sahana System IPO?

You can apply Sahana System IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Sahana System IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Sahana System”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Sahana System IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Sahana System”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Sahana System IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Sahana System”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Sahana System IPO Size?

Sahana System IPO size is ₹32.74 crores.

What is Sahana System IPO Price Band?

Sahana System IPO Price Band is ₹132 to ₹135 per equity share.

What is Sahana System IPO Minimum and Maximum Lot Size?

The IPO bid is 1000 shares with ₹135,000.

What is Sahana System IPO Allotment Date?

Sahana System IPO allotment date is June 7, 2023.

What is Sahana System IPO Listing Date?

Sahana System IPO listing date is June 12, 2023. The IPO to list on NSE SME.

Note: The Sahana System IPO details are announced officially. The IPO grey market premium (Sahana System IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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